In a statement, RIM states that it will no longer be making the 16GB PlayBook model and that the stock that is currently out in the wild is what’s left of the device.

Here is the full statement:

RIM will no longer be making the 16 GB model of the BlackBerry PlayBook tablet. The 16 GB PlayBook will continue to be available for distributors and retailers while quantities last. We continue to remain committed to the tablet space and the 32 GB and 64 GB models of the BlackBerry PlayBook continue to be available from our distributors and retailers around the world.

There is more value for our customers in the higher capacity models (32 GB, 64 GB), and as such we have decided to focus our efforts here.

So, those looking to get the BlackBerry PlayBook with 16GB of internal storage should make a move sooner rather than later because once the current stock is bought up, there will be no more to speak of.